DEVELOPMENT OF INDUSTRIAL REVOLUTION
SIGNIFICANT CHANGES OF INDUSTRIAL REVOLUTION FROM IR 1.0 TO IR 4.0
DISADVANTAGES OF IR 4
IR 4 MAKING INEQUALITY
SOME JOB WILL BE ELIMINATED
CREATE DEMAND FOR NEW SKILLS
IR 1.0
steam engine
PRIVACY CONCERN
new manufacturing processes
All company use technology and they keep all the customer's details
creation of factories
booming of textiles industries
IR 2.0
mass production
steel
Most of people did not have certain skills
oil
electricity
light bulb
telephone
internal combustion engine
IR 3.0 (Digital Revolution)
IR 4.0
High skill workers will get high paid while the rest will left out
semiconductor
personal computer
internet
Food
technology emerging more in human life
Retail banking
Personal Data
technological changes happen faster
ADVANTAGES OF IR 4
Researcher
Innovator
Investor
Share Holder
Human's voice can activate the virtual assistance
Face ID recognition for any devices especially in smartphones
example of fast paced technology 3D PRINTING
Healthcare sensor
a lot of innovation emerge
hip replacement
3D printed bone
3D printed bionic arm